Folsom, CA 95630,Address not disclosed
Folsom, CA 95630,Address not disclosed
Folsom, CA 95630,Address not disclosed
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$130,000
Est. payment /mo
0.64 Acres Lot
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UPDATED:

12/06/2024 03:26 PM

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 224130172

HOA Y/N No

Originating Board MLS Metrolist

Lot Size 0.638 Acres

Acres 0.6381

Property Description

This business offering is for a 3-year established and profitable boba tea shop located in a prominent and high traffic location with a robust online order market as well. The new owner can take advantage of a business that is already profitable without the start up costs and negative months to establish a client base. The offering price is $130,000, which results in a 58.5% cap rate. The sale includes the business entity, which has no debts, and all trade fixtures and personal property in the store to execute the business. Additionally, the buyer will assume all employees, payroll and a current lease for the commercial space. The current owner is offering to assist and train the new owner on business operations. The business is a franchise of Sunright Tea Studio (Franchisor), however Sunright Tea Studio will not transfer the franchise agreement. Buyers would need to rebrand the the business and source items provided by the franchisor, which the current owner will assist if needed.

Location

State CA

County Sacramento

Area 10630

Direction On the corner of Blue Ravine and East Bidwell

Location Details City

Interior

Heating Central

Cooling Central

Flooring Tile

Inclusions See Remarks, Other

Exterior

Parking Features Other

Utilities Available Other

Roof Type Other

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Special Listing Condition None


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MetroList® Services, Inc (RESO)
Listed by KW CA Premier - Sacramento

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Dawn Reddoch

+1(279) 999-6432

Agent | License ID: 02057730

Agent License ID: 02057730

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